SEOUL, Sept. 28 (Korea Bizwire) – New statistics have revealed that the population in Seoul continues to decrease, though at a slow pace. The data from Statistics Korea released on Wednesday showed the population of the South Korean capital has experienced a steady drop over the last eight years since 2009, with 8,991 people moving out [...]
SEOUL, Sept. 25 (Korea Bizwire) — Korea’s biggest art fair reported record sales this year, attesting to an expanding domestic market and a growing interest among collectors in Korean artists, the organizer said Monday. The 16th annual Korean International Art Fair (KIAF), held Sept. 20-24 at the Convention and Exhibition Center (COEX) in southern Seoul, [...]
SEOUL, Sept. 21 (Korea Bizwire) – Since 1981, the Seoul Metropolitan Government has decreed that the 270,000 street lamps within its boundaries be lit from 15 minutes after sunset until 15 minutes before sunrise. But after complaints that the policy is no longer appropriate for a much larger, more heavily populated Seoul with extensive infrastructure, [...]
SEOUL, Sept. 21 (Korea Bizwire) — About 100 years after the death of King Gojong, the penultimate ruler of Korea’s last kingdom of Joseon, his royal residence, Deoksu Palace, provides a rare scenic retreat for modern Koreans at the very bustling heart of the capital Seoul. A 1.1-kilometer stone-paved path along the stone wall that [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea is speeding up its efforts to expand charging infrastructure for electric vehicles (EVs), as global carmakers’ unveiled road maps for electrification at this year’s Frankfurt Motor Show, industry watchers said Friday. The government is planning to increase the number of fast-charging stations to 3,000 across the country [...]
SEOUL, Sept. 8 (Korea Bizwire) – Government funding for startups is bearing fruit after a report released on August 9 by the Korea Institute of Startup and Entrepreneurship Development and the Ministry of SMEs and Startups revealed that government-sponsored startups had hiring increases that were five to six times higher than at small and medium-sized [...]
NAMYANGJU, South Korea, Sept. 7 (Korea Bizwire) – An international festival promoting healthy eating and an eco-friendly lifestyle is slated to kick off in a city east of Seoul later this month, organizers said Thursday. Under the theme “Food, City and Health,” the Namyangju Slow Life International Festival will be held for five days starting [...]
SEOUL, Sept. 1 (Korea Bizwire) — Hit by the absence of Chinese tourists over South Korea’s deployment of a politically charged THAAD missile defense system, the future of Seoul’s iconic Myeongdong neighborhood is now shrouded in uncertainty. Reports of the economic damage caused by the lack of Chinese tourists on Myeongdong, a busy shopping district [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea has asked China to remove economic sanctions imposed on South Korea due to the diplomatic row over the deployment of a U.S. missile defense system here, the Ministry of Trade, Industry and Energy said Friday. China has been retaliating economically against South Korea since early this year [...]
SEOUL, Aug. 31 (Korea Bizwire) – The Seoul Metropolitan Government and Korea Smart Card Co. have joined hands to help solve a problem that 79 percent of 3,109 taxi drivers have experienced at least once: access to a bathroom. A survey of taxi drivers conducted by the city in April revealed that a significantly large number [...]